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来源类型Working Paper
规范类型报告
DOI10.3386/w12460
来源IDWorking Paper 12460
Euro-Productivity and Euro-Jobs since the 1960s: Which Institutions Really Mattered?
Gayle Allard; Peter H. Lindert
发表日期2006-08-18
出版年2006
语种英语
摘要How have labor market institutions and welfare-state transfers affected jobs and productivity in Western Europe, relative to industrialized Pacific Rim countries? Orthodox criticisms of European government institutions are right in some cases and wrong in others. Protectionist labor-market policies such as employee protection laws seem to have become more costly since about 1980, not through overall employment effects, but through the net human-capital cost of protecting senior male workers at the expense of women and youth. Product-market regulations in core sectors may also have reduced GDP, though here the evidence is less robust. By contrast, high general tax levels have shed the negative influence they might have had in the 1960s and 1970s. Similarly, other institutions closer to the core of the welfare state have caused no net harm to European jobs and growth. The welfare state%u2019s tax-based social transfers and coordinated wage bargaining have not harmed either employment or GDP. Even unemployment benefits do not have robustly negative effects.
主题History ; Macroeconomic History ; Labor and Health History
URLhttps://www.nber.org/papers/w12460
来源智库National Bureau of Economic Research (United States)
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条目标识符http://119.78.100.153/handle/2XGU8XDN/570118
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Gayle Allard,Peter H. Lindert. Euro-Productivity and Euro-Jobs since the 1960s: Which Institutions Really Mattered?. 2006.
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